Insight Report 2 minutes PremiumOcado (LON: OCDO) 1H16 Results: Morrisons Agreement Boosts Scale for Ocado Coresight Research June 29, 2016 Executive Summary Ocado Group posted 15.1% revenue growth in 1H16, with revenues fractionally missing the consensus estimate. SG&A increased by 17.1% due to Ocado’s agreement to fulfill online orders for Morrisons, but the agreement also boosted gross margins. Diluted EPS climbed by 19.7%, to 1.40 pence, beating consensus. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: US Social Commerce Survey 2023—Infographic: Video-Centric Platforms and Influencers Offer Opportunities for BrandsThe Last-Mile Race Intensifies: Target and Walmart Pave the Way in Delivery InnovationIs Influencer Marketing Still Effective in the Global Beauty Market?China Consumer Tracker: More Than 70% of Respondents Are Avoiding Public Places
